Exhibit 10.1
EXECUTIVE EMPLOYMENT
AGREEMENT
This EXECUTIVE
EMPLOYMENT AGREEMENT, dated effective as of December 11, 2008
(the “ Effective Date ”) is between China
Water Group Inc, a Nevada corporation (the “
Company ”), and Wenge Fang (“
Executive ”).
AGREEMENTS
1. Employment
The Company will employ Executive and Executive
will accept employment by the Company as Chief Executive Officer.
Executive shall report to the chairman of the board
(“ Chairman ”), and shall have such
responsibilities assigned, from time to time, by the chairman,
which relate to the business of the Company, or any business
ventures in which the Company may participate.
2. Attention and Effort
Executive shall devote his entire productive
time, ability, attention and effort to the Company’s business
and shall skillfully serve its interests during the term of this
Agreement.
3. Term
Unless earlier terminated with appropriate
notice of termination, the initial term of this Agreement shall be
from the date hereof until December 31, 2009; provided
, however , that, unless terminated with appropriate notice,
on each January 1 following the date of this Agreement,
beginning with January 1, 2010, this Agreement shall be
automatically renewed for successive one-year terms.
4. Compensation
During the term of this Agreement, the Company
shall pay or cause to be paid to Executive, and Executive shall
accept in exchange for the services rendered hereunder by him, an
annual base salary of US$60,000 before all customary payroll
deductions (the “ Base Salary ”). The Base
Salary shall be paid to Executive in substantially equal
installments at the same intervals as other ex
